Pansari Developers Limited — AGM Information 2019

Sep 4, 2019

NSARI DEVELOPERS LIMITED

(CIN No.: L72200WB1996PLC079438)

Registered Office: 14, N. S. Road, 4th Floor, Kolkata - 700 001, West Bengal, India Tel. No. 033-2231-6142/46. 4005-0500-04, E-mail: info@pansaridevelopers.com

Date: 03rd September 2019

To The National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block Bandra-Kurla Complex Bandra (E) Mumbai - 400 051

Dear Sir/Madam.

Scrip Code: PANSARI Sub: - Notice of 23rd Annual General Meeting to be held on 27th September' 2019

We wish to inform you that a meeting of the members of Pansari Developers Limited will be held on Friday, the 27th day of September' 2019 at 10.00 A.M. at the Registered Office of the Company at 14, N.S. Road, 4th Floor, Kolkata-700001.Complete notice of the AGM along with annexure.

Further, the company has decided to close its Register of Members and the Share Transfer Books of the Company from 20thSeptember'2019 to 27thSeptember'2019(both days inclusive) for the purpose of AGM.

Thanking You,

Yours Faithfully,

For Pansari Developers Limited

For Pansari Developers Limited Surety Chander.

Company Secretary Sweety Khemka Company Secretary

(Mem No.-A43318)

PANSARI DEVELOPERS LIMITED Regd Office: 14, N.S. Road 4th Floor, Kolkata-700001 CIN: L72200WB1996PLC079438 Email Id: info@pansaridevelopers.com

NOTICE TO THE MEMBERS

Notice is hereby given that the Twenty Third Annual General Meeting of the Members of the Company will be held at the registered office of the Company situated at 14, N.S. Road, 4th Floor, Kolkata - 700001 on Friday, the 27th day of September 2019, at 10.00 A.M. to transact the following business:

ORDINARY BUSINESS:

• 1. To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended 31st March, 2019 and the Reports of Directors' and Auditors' thereon.
• To appoint a Director in place of Mr. Ankit Agarwal (DIN:02804577) who retires by rotation at this $\overline{2}$ . Annual General Meeting and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS

3. Appointment of Mr. Pratap Das (DIN: 08464026) as a Director of the Company

To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of Sections 149, 152 and any other applicable provisions of the Companies Act, 2013 and the rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) Mr. Pratap Das (DIN: 08464026), who was appointed as Additional Director on May 30th, 2019 and in respect of whom the Company has received a notice in writing from a member proposing his candidature for the office of Director, be and is hereby appointed as Director of the Company liable to retire by rotation."

"RESOLVED FURTHER THAT any director be and is hereby severally authorized to file necessary returns/forms to the Registrar of Companies and to do all such acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to the aforesaid resolution."

4. Appointment of Mr. Sashi Agarwal (DIN: 08465407) as a Director of the Company

To consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution:

"RESOLVED THAT pursuant to the provisions of Sections 149, 152 and any other applicable provisions of the Companies Act, 2013 and the rules made there under (including any statutory modification(s) or re-enactment thereof for the time being in force) Mr. Sashi Agarwal (DIN: $08465407$ , who was appointed as Additional Director on May $30th$ , 2019 and in respect of whom the Company has received a notice in writing from a member proposing his candidature for the office of Director, be and is hereby appointed as Director of the Company liable to retire by rotation."

RESOLVED FURTHER THAT any director be and is hereby severally authorized to file necessary returns/forms to the Registrar of Companies and to do all such acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to the aforesaid resolution." By Order of the Board

For Pansari Developers Limited For Pansari Developers Limited Sunch

Sweety KROMAAny Secretary (Company Secretary) (Mem No. 43318)

Registered Office: 14, N.S. Road, 4th Floor Kolkata-700 001

Dated: 30th May 2019

NOTES:

1. A MEMBER ENTITLED TO ATTEND AND VOTE AT THE ANNUAL GENERAL MEETING (HEREIN AFTER REFERRED TO AS 'THE MEETING') IS ENTITLEDTO APPOINT A PROXY TO ATTEND AND VOTE INSTEAD OF HIMSELF/HERSELF AND THE PROXY NEED NOT BE A MEMBER OF THE COMPANY. THE INSTRUMENT APPOINTING THE PROXY SHOULD, HOWEVER, BE DEPOSITED AT THE REGISTERED OFFICE OF THE COMPANY NOT LESS THAN FORTY EIGHT HOURS BEFORE THE COMMENCEMENT OF THE MEETING.

A person can act as a proxy on behalf of members not exceeding fifty and holding in the aggregate not more than ten percent of the total share capital of the Company carrying voting rights. A member holding more than ten percent of the total share capital of the Company and carrying voting rights may appoint a single person as proxy and such persons hall not act as a proxy for any other person or shareholder. Proxy form and attendance slip is enclosed herewith.

• 1. The Register of Members and Share Transfer books of the Company shall remain closed from 20th September, 2019 to 27th September, 2019 (both days inclusive).
• 1. A route map giving directions to reach the venue of the 23rd Annual General Meeting is enclosed for the convenience of the Members.
• 1. The Notice of 23rd Annual General Meeting and the Annual Report 2018-2019 of the Company, circulated to the members of the Company, will be made available on the Company's website at www.pansaridevelopers.com.
• 1. Members holding shares in dematerialized mode are requested to intimate all changes with respect to their bank details, mandate, nomination, power of attorney, change of address, e-mail address, change in name etc. to their Depository Participant. These changes will be automatically reflected in the Company's records which will help the Company to provide efficient and better service to the members.
• 1. Information pursuant to Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding Directors seeking appointment/re-appointment at the Meeting is provided as an annexure hereto.
• 1. Corporate Members intending to send their authorized representatives to attend the Meeting pursuant to Section 113 of the Companies Act, 2013 are requested to send to the Company, a certified copy of the relevant Board Resolution together with their respective specimen signatures authorizing their representative(s) to attend and vote on their behalf at the Meeting.
• 1. Shareholders seeking any information with regard to Accounts are requested to write to the Company at least one week in advance so as to enable the management to keep the information ready.
• 1. Members attending the Annual General Meeting are requested to bring with them the following: (a) DP & Client ID Numbers or Folio Numbers (b) Attendance Slip and (c) Copy of the Annual Report and Notice, as no copies thereof would be distributed at the Meeting.
• 1. Members holding shares in single name and physical form are advised to make nomination in respect of their shareholding in the Company.
• 1. Copies of Annual Report for 2018-19 are being sent to all the Members whose email Ids are registered with the Depository Participants for communication purposes unless any member has requested for a hard copy of the same. For members who have not registered their email address, physical copies of the Annual Report for 2018-19 is being sent in the permitted mode.

1. All the documents referred to in the accompanying Notice shall be open for inspection by the Members at the Registered Office of the Company on all working days between 10:00 A.M. to $1:00$ P.M.

By Order of the Board For Pansari Developers Limited

For Pansari Developers Limited Surih

Registered Office: 14, N.S. Road, 4th Floor Kolkata-700 001

Sweetynk Beurktary (Company Secretary) (Mem No. 43318)

Dated: 30th May 2019

EXPLANATORY STATEMENT PURSUANT TO SECTION 102(1) OF COMPANIES ACT, 2013

ITEM NO. 3 & 4

The Board of Directors on the recommendation of the Nomination and Remuneration Committee appointed Mr. Pratap Das and Mr. Sashi Agarwal as an Additional Directors of the Company with effect from May 30, 2019 in the category of a Non-Executive Director, liable to retire by rotation. In accordance with Section 161(1) of the Companies Act, 2013, Mr. Pratap Das and Mr. Sashi Agarwal holds office up to the date of the ensuing Annual General Meeting and are eligible for appointment as the Director of the Company, liable to retire by rotation. The Company has received a notice under Section 160 of the Companies Act, 2013 from a Member signifying its intention to propose the candidature of Mr. Pratap Das and Mr. Sashi Agarwal as a Director of the Company.

By Order of the Board For Pansari Developers Limited For Pansari Developers Limited

Sauch Chemi Csweetvykhemkarv

(Company Secretary) (Mem No. 43318)

Registered Office: 14, N.S. Road, 4th Floor Kolkata-700 001

Dated: 30th May 2019

ANNEXURE TO THE NOTICE

Details of Director seeking re-appointment at the ensuing Annual General Meeting

Pursuant to Regulation 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Secretarial Standards-2 (SS2 on General Meetings), the particulars of the aforesaid Directors seeking re-appointment at the AGM is given below:

Mr. Ankit Agarwal

Name of Director	Mr. Ankit Agarwal
Date of Birth	31.08.1991
Director Identification Number	02804577
Date of Appointment	06.06.2016
Qualification	B. Com, MBA
No. of Equity Shares held in the Company	6,30,000
Directorship in other companies as	1. Pansari Developers Limited
on 31.03.2019	2. Purti Retails Private Limited
	3. Sreyash Brewski Limited
	4. Devansh Township Private Limited
	5. Shrey Township Private Limited
	6. Single Point Tradelink Private Limited
	7. Single Point Dealers Private Limited
	8. Single Point Traders Private Limited
	9. Unfading Element Private Limited
	10. KS Mobiles & More Private Limited
	11. Abhiyan Commercial Private Limited
	12. Norfiox Vincom Private Limited
	13. Mintoo Garments Private Limited

Brief Profile of Mr. Sashi Agarwal

Name of Director	Mr. Sashi Agarwal
Date of Birth	09.08.1984
Director Identification Number	08465407
Date of Appointment	30.05.2019
Qualification	B. Com,
No. of Equity Shares held in the Company	NIL
Directorship in other companies as	NIL
on 31.03.2019

Brief Profile of Mr. Pratap Das

	Mr. Pratap Das
Name of Director
Date of Birth	06.10.1967
Director Identification Number	08464026
Date of Appointment	30.05.2019
Qualification	B. Com,
No. of Equity Shares held in the Company	NIL
Directorship in other companies ason 31.03.2019	NIL